WİLL REAL ESTATE PRİCES CONTİNUE TO RİSE?

Will Real Estate Prices Continue to Rise?

Real estate prices all over the world have risen a lot lately. This rise has led many real estate investors to earn more with the moves they make at the right time. Especially in countries like Northern Cyprus where real estate prices are still affordable…

So why did real estate prices rise? And perhaps the more important question is, will property prices continue to rise?

There are two main reasons why real estate prices are increasing with an increasing momentum and this increase is predicted to continue in the coming periods; The first is the difficulty experienced in the supply chain of construction materials and raw materials, the impact of which is felt globally, and the second reason is the increase in real estate demand.

In the coming periods, the global impact of the economy will continue and new crises that will develop with possible new political disagreements show that investors will focus more on real estate. Proper management of trust in real estate investments is important; As everyone knows, investment is not about to buy anything, but to create a spending channel that will be valued in the future.

We can think that the reason for the increase in real estate demand is the desire to be protected from the effects of inflation in line with the global crisis and ruptures caused by the pandemic and war. This tells us that real estate investments are seen as a protector of inflation, and that investors rely on real estate the most to protect their resources.

As Century 21 Island, we would be happy to help you out with the process of investing in North Cyprus properties.